Bearish possibilities with GBP/USD
On the chart we see that price has been ascending in a corrective manner for a couple of weeks and has recently tested a significant resistance zone. Price hasn't yet shown me my entry signals, however, judging by my analysis on the DXY price could be dropping. Note GBP/USD has tendencies of Stoploss hunting, be careful and always use a Stoploss. you wont win them all.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.